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20131028
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in any temperature, even cold. tideod pop in. stand out. ♪ 'cause i'm the tax man, yeah, i'm the tax man♪ >> i love that music, i mean, that's just perfect because higher taxes may be coming thanks to obamacare. a report in the new york times that says millions of people will get free health coverage under obamacare. grover norquist joins us on the demands for ever more taxes. we're about a minute from the opening bell. come in from chicago, larry levin. look, larry, i've got a new poll from citigroup that says that 20 very rich families keep 39% of their assets in cash, only 25% in stocks. i'm surprised as so much cash. what does it tell you? >> well, it tells you those people have a whole lot of money, stuart and they've got less problems than a lot of people, even a lot of traders down here, you know, if you're going to keep-- >> do you think they're worried? do you think they're nervous with stocks as an all-time high and bonds doing very well, too? are they nervous? >> again, i think they may be nervous to a certain extent. you should be a little nervous when the markets are on t
. look at this, judicial watch reports that former irs official lois lerner shared confidential tax info with the federal elections committee. if true, that would be a felly. 48 million people on food stamps facing cuts in the program. 36 bucks a month. 420 a year cut. last item, french soccer going on strike. the reason, french president hollande won't give the teams and players an exemption from that 75% tax on million dollar sales, they're striking. we haven't forgotten about your money. it's all about tech. apple's new ipad on sale today, that and more obamacare bombshells in a moment. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some cholesterol. metacil. 3 amazing benefits in 1 super fiber. ♪ we need a little christmas right this very minute♪ >> i suppo
early next year? they're going to cave on the budget? what are they going to do about taxes? well, they are here next. ♪ inside out, and round and round♪ ♪ upside down you turn me, you're giving love instinct tiffly. round and round you'll turn me♪ (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. and three important reasons to take eliquis instead.
because of the new tax they have to pay. all of this is a direct result of obamacare and it's hitting the economy when unemployment remains very high, the debt is astronomical and growth remains at a miserable 2% or less. do not expect this president to take responsibility. he will blame the republicans for the shutdown and he'll blame the shutdown for the slowdown, but forget politics, forget it for a second. the point is that obamacare is going to hurt the economy. it's going to hurt when we can least afford to take another hit. i really want to end on a positive so i will engage in wishful thinking. suppose that democrats in the senate come to understand that obamacare is a disaster and they kill it? now, i know, highly unlikely, but i'm speculating here. but can you imagine the growth that killing obamacare would unleash? can you imagine it? i live in hope. [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. [announcer] ...eve
tax. stuart: that's important because the website crashed in a test days before the launch. >> those are confidence questions. >> why didn't miss sebelius go ahead and launch? did she tell the president it was a mess before it started? that's a good question. >> of course even the bigger questions are, why did this administration lie to the american people again and again? >> okay, the question right, that's just been asked, are there any penalties for the contractors, and here is miss sebelius' response. >> and coordinate the activities moving forward which have to be driven with a very clear set of outcomes, very accountable time lines and deadlines and they will be helping to manage that process. >> on the issue of the security, there was a security breach that arose recently that i read about at any rate and what i think is very important here because the issue of privacy has been raised and i think that that has been answered because very importantly, there isn't any health insurance in these systems, but there is financial information. so my question to you is, has a security w
savings accounts which are tax-free dollars you can use to spend on medical expenses. you think that's a consequence of obamacare and you like it. >> the numbers are going up and people start bargaining with their doctors and markets. stuart: any other effect of obamacare that you like? >> i'm getting stronger lugging this around. stuart: that's it? >> that's it. price consciousness. stuart: that's it? >> that's it. stuart: i'm glad to hear that's it. thank you, john. we asked our viewers to share their obamacare stories with us, we got quite a few responses, this one from stephanie. please listen to this one. before cancellation i was paying $400 a month maybe to the doctor once a year. i don't mind paying for my own coverage, but according to next year's prices $800 a month. and unlikely to have more usage and my costs doubled. what would you like to say to this young lady. >> you're a victim of obamacare, i'm not disagreeing. stuart: are you going to go out and tell her to get a health savings account. >> that's good or whether she wants to go to the doctors as much as she does. s
Search Results 0 to 5 of about 6

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